Published • loading... • Updated
Hong Kong rises to number two in global competitiveness
Hong Kong’s highest ranking since 2019 follows top scores in tax policy and business legislation, the IMD said.
- Hong Kong jumped one place to become the world's second most competitive economy in the 2026 IMD World Competitiveness Ranking, marking its highest position since 2019.
- The city's rise sustains a strong upward trajectory from 2024 and 2025, building on three consecutive years of improvement that the HKSAR Government welcomed.
- Hong Kong ranks second in "government efficiency" and third in "business efficiency," reflecting the HKSAR Government's efforts to promote stable, business-friendly policies and a robust financial ecosystem.
- Among sub-factors, the city tops rankings in "tax policy" and "business legislation," while ranking second in finance and third in "international trade" and "international investment."
- The IMD noted that competitive advantage hinges on credible institutions, predictable rules, and public trust—factors remaining critical for Hong Kong amid rising geopolitical tensions.
Insights by Ground AI
28 Articles
28 Articles
Coverage Details
Total News Sources28
Leaning Left1Leaning Right0Center18Last UpdatedBias Distribution95% Center
Bias Distribution
- 95% of the sources are Center
95% Center
C 95%
Factuality
To view factuality data please Upgrade to Premium
